From Creamer Media in Johannesburg, this is the Real Economy Report.
Russian nuclear group Rosatom is one of the companies competing for South Africa’s planned new nuclear power plant programme. Keith Campbell reports.
Rosatom Overseas Vice President Ivo Kouklik explains what his company is offering South Africa, in terms of both technology and business opportunities.
Rosatom Overseas Vice President Ivo Kouklik
Shannon de Ryhove:
Other news making headlines this week: IFC and MasterCard team up to improve financial services in Africa; Amplats tests a feul cell-powered locomotive at its Rustenburg mine; and a new corporate responsibility centre aims to boost development.
The International Finance Corporation and the MasterCard Foundation have launched a $37.4-million partnership to improve access to financial services for economically disadvantaged people in sub-Saharan Africa.
MasterCard Foundation president and CEO Reeta Roy
Anglo American Platinum has launched the first of five fuel cell-powered locomotive prototypes to be tested at its mining operations in South Africa. The first locomotive will be surface tested over the next few months at the company's Khomanani mine, in Rustenburg, to establish the viability of commercialisation.
Anglo American CEO Cynthia Carroll
South African Department of Trade and Industry chief director Jocelyn Vass says the Competence Centre for Corporate Social Responsibility is well placed to make a systemic difference, as it was set up to ensure that German companies in South Africa develop a comprehensive and holistic strategy on how CSR is implemented, and where they can pool resources, experience and expertise to make a real and sustainable change in the country.
Department of Trade and Industry chief director Jocelyn Vass
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.